Quote from: JayJuanGee on Today at 06:44:39 PM

Quote from: MusaPk on Today at 02:38:22 PM

Quote from: JayJuanGee on May 28, 2025, 08:22:44 PM

Sure. It is not guaranteed to go up, but it is quite likely that after a full cycle of continuously buying bitcoin (and perhaps even aggressively buying) and even 5 years you are going to start to feel that you are making quite a bit of progress, even if you might not be done accumulating bitcoin yet, unless maybe you had been able to front load your bitcoin.

Even with you MusaPk, you seem to be over half way through your 5 year journey, and even getting close to 3 years of buying bitcoin.. so that must feel good.. even though surely some guys may well have had got a slow start in their bitcoin investment instead of investing aggressively from the start (or the start of their forum registration).

Yes it's feels very good to be in bitcoin specially if you are accumulating Bitcoin for around 2 years and you see your target is very near. I do agree that my start was slow but once I figure out the advantage of keep on investing in bitcoin for longer duration, I don't miss any week now in which I don't invest in bitcoin. I wish I would have been investing since I registered here but it's useless to think about lost opportunity. Best is to take advantage of what opportunity is at your disposal.

Personally, I have a hard time imagining how most normies could be close to their investment target in merely 2 years, unless they had been able to really front load their bitcoin investment, perhaps taking from other investments that they might have had at the time, or some other funds that happened to have had been available...

So let me attempt to describe a situation in which a person might be close to reaching their investment target in 2 years or less. Let's say that a person has an income of around $30k per year, and so they would regularly be able to invest $150 per week into bitcoin if they were vary aggressive and investing around 25% of their income into bitcoin, and if their target is to get to a point in which they could potentially draw an income of $50k per year off of their bitcoin investment, then it could take quite a bit more than 2 years for them to get enough bitcoin.

So let's say that around the beginning of 2023, they figured out that they need to heavily invest into bitcoin, and perhaps they had various investments in various other assets, so their total investment portfolio added up to around $60k, yet they decided to take half of that and invest into bitcoin, and then they would invest $150 per week into bitcoin from their regular income... so $30k in early 2023 might have had been able to get them right around $20k per coin if they had been extremely lucky, which would be right around 1.35 BTC, and then their accumulation of $150 per week would have had gotten them around $16.7k additional money invested and perhaps slightly less than 0.4 BTC.

So if we add up these kinds of optimistic (and greatly aggressive) totals we have nearly $47k invested and right around 1.75 BTC. Surely not a bad place to be, but still seemingly quite a ways from being able to support a $50k per year income. From my perspective, 1.75 bitcoin would be able to sustainably support around $8.4 k per year income based on its $84k 200-WMA value and in spite of its having a current spot price value of around $189k.

Surely, such an aggressive BTC accumulation would be on the right path, yet there still may be a need to continue to aggressively accumulate BTC for another 4 years, which I would not proclaim as being "close to reaching their investment target."

Sure, you could have had created much more modest investment targets, or maybe you have some other formulas for figuring out when you have reached (or you are coming close to reaching) your investment targets. I have my doubts in regards to the timeline, and even amongst the most aggressive of BTC accumulation targets being able to get close to their investment targets in less then 4-6 years.

You don't need to give away your specifics, yet I would still be curious how you consider anyone who has been potentially aggressively investing into bitcoin to be getting close to their BTC accumulation targets. I suspect that you are getting distracted by BTC spot prices rather than meaningful ways to attempt to evaluate where you are at as compared with where you would like to get. And, I am not even attempting to impose my own values and/or targets upon you, but instead theorizing about some possible reasonable targets that any normie might attempt to create ant hen to follow through with in the event that he was planning on investing into bitcoin rather than trying to trade it.

Quote from: Platinumys on Today at 03:15:04 PM

Quote from: MusaPk on Today at 02:38:22 PM

Quote from: JayJuanGee on May 28, 2025, 08:22:44 PM

Sure. It is not guaranteed to go up, but it is quite likely that after a full cycle of continuously buying bitcoin (and perhaps even aggressively buying) and even 5 years you are going to start to feel that you are making quite a bit of progress, even if you might not be done accumulating bitcoin yet, unless maybe you had been able to front load your bitcoin.

Even with you MusaPk, you seem to be over half way through your 5 year journey, and even getting close to 3 years of buying bitcoin.. so that must feel good.. even though surely some guys may well have had got a slow start in their bitcoin investment instead of investing aggressively from the start (or the start of their forum registration).

Yes it's feels very good to be in bitcoin specially if you are accumulating Bitcoin for around 2 years and you see your target is very near. I do agree that my start was slow but once I figure out the advantage of keep on investing in bitcoin for longer duration, I don't miss any week now in which I don't invest in bitcoin. I wish I would have been investing since I registered here but it's useless to think about lost opportunity. Best is to take advantage of what opportunity is at your disposal.

Investors who invested with a long-term plan had initially planned to hold Bitcoin until it hit $100,000, but when they saw that the Bitcoin market had quickly hit this price and that there was a possibility of getting better prices ahead, many changed their investment plans and are now thinking about holding their investments for a longer period of time. The objectives of investors are usually different, there are some investors who want to hold Bitcoin for a certain period of time and some investors want to hold Bitcoin for a certain price, but I would like to congratulate and wish both types of investors good luck because these two categories of investors are investing in Bitcoin with a long-term plan and if they can hold their investments for this long period of time, then they will be successful here.

You seem to be describing someone with a trading mindset and/or plans rather than someone who has an investment mindset.

Quote from: Gost ms on Today at 04:21:00 PM

Quote from: Platinumys on Today at 03:15:04 PM

Investors who invested with a long-term plan had initially planned to hold Bitcoin until it hit $100,000, but when they saw that the Bitcoin market had quickly hit this price and that there was a possibility of getting better prices ahead, many changed their investment plans and are now thinking about holding their investments for a longer period of time. The objectives of investors are usually different, there are some investors who want to hold Bitcoin for a certain period of time and some investors want to hold Bitcoin for a certain price, but I would like to congratulate and wish both types of investors good luck because these two categories of investors are investing in Bitcoin with a long-term plan and if they can hold their investments for this long period of time, then they will be successful here.

The people you mentioned can never be called an investor but they are called traders. Basically a trader or business person does this. Because investment is long-term like keeping a time limit of 2 to 3 circles. The comment you mentioned is very confusing. Because the market is very volatile what will you do if the price of Bitcoin does not reach your target level. Or if the price of Bitcoin reaches your target level overnight. So it can never be called an investment. Before investing, a person must first set a goal that how many Bitcoins he wants to save in his portfolio and how long he wants to keep his investment period, financial management is very important. After the end of his investment period, he can withdraw some amount of money if he wants to enjoy it but it would be foolish to withdraw the entire amount of money. Because the demand for Bitcoin is increasing day by day and along with it the price of Bitcoin is increasing. If he sells his entire Bitcoin, he may regret it later.

I would suggest that investors are not selling any bitcoin until they have assessed themselves as having had reached a status of overaccumualtion, so then if they sell any bitcoin then they are only selling from the overaccumulated portion and without any intentions of necessarily being able to buy back.

Quote from: Wind_FURY on Today at 04:31:26 PM

Quote from: maydna on May 22, 2025, 03:56:11 PM

[edited out]

For our fellow plebs who have not accumulated fully yet, hopefully they get a deeper correction because it would be good for them. More units of Bitcoin will be purchased for the same amount of fiat.

But for my own selfish reasons - Yes, I don't want a deeper correction.
https://cdn.imgchest.com/files/6yxkca3aae7.jpeg

In summary, sure it is possible that BTC prices might dip more from here, yet they might not... so any low coiners or no coiners should be focusing on buying bitcoin persistently, consistently, regularly, ongoingly and perhaps even aggressively, whether or not there might be further dips from here (currently in the last 4-5 hours bouncing in the lower $106ks).

Edit: And now, less than 15 minutes after my original post, in the upper $105ks.

True, BTC can either dip or not we can’t 100% be accurate on that, but what we should try understanding is every dip or price BTC appears to be is definitely a buying opportunity if we get the long term picture..
Based on my understanding Bitcoin does not reward those who panic, it rewards those who stay patient and keep adding to their bag. Whether it’s $70K or $110K or right now at $105K, what really matters is that we should keep buying consistently and keep building our bag. I learnt this and would keep accumulating BTC for the next years to come..

We should know this is not just about short term price moves, it is about being part of something much bigger. Also Dan Held said, there will always be dips. The ones who come out on top are not the smartest traders, they’re the ones who stay committed and keep accumulating over time.

So yeah, keep buying every dip and price you find BTC and keep hodling. That’s how we WIN.